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Ahead of OPEC’s Vienna summit, Iranian oil minister Bijan Zanganeh crossed the wires saying that he didn’t think there would be an agreement at the OPEC meeting, as reported by Reuters.

Key quotes

  • OPEC is not an organisation to receive instructions from Trump.
  • OPEC is not part of the U.S. Department of energy.
  • Oil is not a weapon or political tool.
  • High-price situation has been created by Trump.